Did you recently choose the best savings account for a large lump sum? A quarter percent difference in interest is 25 points, but if you compound that interest frequently enough then those 25 points can make a pretty big difference on your Effective Annual Rate down the road. For instance: $10K for 1 year @ […]
Many homeowners don’t know they have an option to refinance their mortgage or a loan to pay off debt faster. Even if a mortgage term has been agreed upon and signed, homeowners can opt for changes before the contract is completed. Many are taking advantage of these three refinancing strategies to pay off their debts faster.
You just got your college degree, your professional career is on the starting line, the flag drops and you’re off. Congratulations college graduate, while you go about learning your new job you will have just six months of grace period before your loan repayments begin. In 2020 there were around 19 million college students in […]
When was the last time you read a financial document and had no idea what all of the terms meant? If you are like most of us, it happens almost every time! If you’re thinking of starting or expanding a business, or wanting to make a large ticket purchase like a car or a home, […]
There are many reasons as to why you should consider refinancing. As with any financial decision, arming yourself with knowledge of how refinancing works, its benefits and risks is always a good practice. You could potentially save yourself a hundred or two every month. Now that’s some significant savings that could be invested elsewhere. What […]